Business

Equity Market Loses N859bn for Week Ended September 4, Amid Financial Sector Dominance

September 07, (THEWILL) — Investors in the Nigerian equity market lost a total of N859 billion during the week ended Thursday, September 4 – a four-day trading period resulting from the declaration of Friday, September 5, as a public...

Afrinvest Celebrates 30 Years of Innovation, Unveils 20th Nigerian Banking Sector Report

September 07, (THEWILL) — Afrinvest (West Africa) Limited, Nigeria’s leading investment and financial advisory firm, is set to celebrate a dual milestone: 30 years of innovation and leadership in financial services, and unveiling of the 20th edition of its...

Dangote Refinery Shuts Petrol Processing Unit For Repairs – Report

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September 04, (THEWILL) — The Dangote Refinery has shut down its petrol processing unit to fix catalyst leaks and other technical issues. Reuters reports that the plant’s 204,000 barrels-per-day Residue Fluidized Catalytic Cracking Unit (RFCCU) has been offline since...

FG To List Two DisCos, One GenCo On Stock Exchange

September 03, (THEWILL) — The Federal Government plans to sell a portion of its shares in two electricity distribution companies (DisCos) and a generation company (GenCo) by listing them on the Nigerian Exchange (NGX). This move is part...

Economy Now Stable As Nigeria Meets 2025 Revenue Target In August, Says Tinubu, Pledges To Immortalise Buhari

September 03, (THEWILL) — President Bola Tinubu on Tuesday announced that Nigeria achieved its 2025 revenue target in August, attributing the milestone to economic reforms that expanded growth in the non-oil sector. Speaking at the Presidential Villa during a...

Providus Bank To Absorb Unity Bank As Merger Plan Advances

September 02, (THEWILL) — Providus Bank is set to assume the corporate identity of Unity Bank under a merger scheme that will see Unity shareholders either paid in cash or allotted shares in Providus. According to the scheme, Providus...

NNPC, TotalEnergies, Sapetro Sign Landmark PSC For Deepwater Blocks

September 02, (THEWILL) — The Nigerian National Petroleum Company Limited, in partnership with the TotalEnergies–Sapetro Consortium, has signed a landmark Production Sharing Contract for Petroleum Prospecting Licences 2000 and 2001, marking a major breakthrough in Nigeria’s upstream oil and...

UBA SuperSavers’ Promo Sparks Prospects of Dividend Boom

September 01, (THEWILL) — The recently inaugurated United Bank for Africa (UBA) Supersavers’ Promo, which runs from September 1, 2025, to May 31, 2026, has ignited positive reactions among investors who are optimistic of high dividend payout following increased earnings...

Equity Market Records 33% Turnover Decline in Week Ended August 29

September 01, (THEWILL) — The Nigerian Exchange (NGX) equity market closed on a bearish note for the week ended August 29, 2025, amid mixed investor sentiments. Data from the NGX weekly report showed that equity turnover dropped by 32 percent...

Union Bank Completes Merger With Titan Trust

September 01, (THEWILL) — Union Bank of Nigeria, one of the country’s oldest financial institutions, has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria. In a...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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